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Tuya Smart Showcases Industry Insights at the 2024 TUYA Global Developer Summit, Drawing Over 3,000 Attendees Across Three Theme Forums

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NEW YORK, June 4, 2024 /PRNewswire/ — Tuya Smart (NYSE: TUYA, HKEX: 2391), a global cloud platform service provider, hosted the signature 2024 TUYA Global Developer Summit at the Shangri-La Hotel in Futian, Shenzhen. The summit attracted an array of esteemed guests from top domestic and international companies, including Amazon, Lenovo, Haier, Silicon Labs, TÜV SÜD, Alibaba Cloud, Tencent Cloud, Texas Instruments, Google Cloud, Goneo Group, Geely, Enerlution, Cerence, Mentech, Secure Net, BangBang, Sixeco, Delos, Easyhome, ZBOM, V2 Indonesia, In Space, Hometree, Simon, Chli, and Smartec. These industry leaders convened to engage in thought-provoking discussions on cutting-edge topics such as GenAI, large language models, and green sustainable development.

With the highest attendance in Tuya’s history, the Shenzhen edition of the summit attracted over 3,000 developers from various sectors within the global smart industry’s upstream and downstream chain. Participants included manufacturers, system integrators, real estate groups, channel and solution providers, Chinese overseas brands, cross-border e-commerce sellers, core foreign trade OEM/ODM factories, overseas buyers, and traders. International delegates joined developers to witness this momentous event in the world of smart technology, showcasing the global impact and significance of Tuya Smart’s initiatives.

The summit boasted an impressive lineup, comprising a main forum and two subsidiary forums. The main forum, centered on the topic “GenAI + IoT: Driving Smarter Spaces,” delved into the integration and cutting-edge applications of GenAI technology with intelligent devices, elucidating how these innovative  technologies fuel industry expansion. The subsidiary forums tackled two pivotal topics: “A Novel Approach to Green, Low-carbon, and Sustainable Living” and “Navigating Industry Innovation – the Developer’s Influence”. Experts from diverse industries converged to discuss emerging trends, patterns, and prospects in industrial advancement, integrating market insights with their hands-on expertise.

Furthermore, Tuya collaborated with industry giants to present the Tuya Ecosystem Partner Exhibition (TEPE), highlighting numerous innovative AI devices and solutions to a global audience of developers. The products exhibited covered various verticals, including home automation, security, pet care, elderly assistance, and healthcare, offering participants a closer glimpse into the functionalities, applications, and future potential of contemporary AI hardware.

Discussing Opportunities and Challenges in the GenAI Era

As the GenAI revolution gains momentum, the AI hardware market has embarked on a new journey that is reshaping the smart ecosystem. Consequently, an important question has emerged: how will GenAI technology broaden application horizons and enhance user experiences with a more human touch? During the morning session of the main forum, industry luminaries, including Leo Chen, Co-Chairman and President of Tuya Smart, Mengrou Deng, Product Head of the Developer Platform at Tuya Smart, Will Yu, Chief Scientist of AI and Head of the AI Algorithm Research Center at Tuya Smart, and Dr. Yaxiao Liu, CTO of AWS GCR, shared their insights. They examined the future trajectory of the smart industry propelled by GenAI and gave their perspectives on such topics as business, products, and application scenarios.

At the summit, Tuya unveiled its groundbreaking AI large language model, Cube AI. Leveraging Tuya’s vast ecosystem and its prowess in open-source large models, Cube AI has broad applicability in a variety of smart scenarios. For instance, Cube AI provides real-time insights into energy consumption and generates tailored energy-saving strategies, addressing challenges such as scene incompatibility, data issues, and low ROI that developers often encounter in their daily R&D efforts. This enables developers to swiftly implement energy-saving solutions across industrial, commercial, and residential settings.

Furthermore, with the United Nations Global Compact as a witness, Tuya formally inaugurated its ESG Practice Initiative. Eva Na, Vice President of Marketing and Strategic Cooperation and CMO of Tuya Smart, emphasized Tuya’s commitment to actively promoting the global application of cutting-edge technologies, including GenAI, to integrate smart capabilities into a wider range of real-world scenarios. She also extended a call to global ESG practitioners to collaborate to ensure that more people across the globe can experience the convenience of the smart world.

As GenAI technology continues to progress, it is expected to fuel new growth opportunities for the industry. In the second session of the Main Forum, titled “Embracing Emerging Technologies for Sustainable Growth,” an array of experts shared their insights. Jing Chen, Technical Lead of TuyaOS at Tuya Smart, Tiangang Qin, Director of Strategic Cooperation at Lenovo Group, Xiangyu Xue, IoT R&D Director of Haier Water PL, Tianjie Zhang, Chief Architect of AI Computing at Alibaba Cloud, Kevin Hu, Alexa Smart Home Principle BD Manager, Stephanie Chen, Head of Shenzhen Business Development at Amazon GlobalSelling, Anthony Zhou, China General Manager of Silicon Labs, and Erdan Ma, Section Manager at TÜV SÜD, all  gave in-depth analyses of the new developments spurred by emerging technologies. They also discussed from diverse perspectives the opportunities and challenges presented in the GenAI era.

During the panel discussion, industry leaders, including Zheyuan Nie, the Technical Director of the Developer Platform at Tuya Smart; Beta Wang, General Manager of Tencent Cloud Intelligence, Head of Tencent Cloud Intelligent Products; Jerry Shi, the China FAE Director of Texas Instruments; and Levi Chen, the Customer Solutions Architect of Google Cloud, participated in an in-depth dialogue. Their discussion centered on a critical question: “How are disruptive innovations powering the smart home revolution?” The panel delved into the latest trends in this area and anticipated future applications of cutting-edge technologies that are shaping the smart home landscape.

Exploring the Integration Path of Green Low-Carbon and Technological Innovation Development

On the afternoon of May 29, two concurrent sub-forums were held: “A Novel Approach to Green, Low-carbon, and Sustainable Living” and “Navigating Industry Innovation – the Developer’s Influence”. These events attracted many esteemed guests, each of whom contributed valuable insights and perspectives.

Amidst the global shift in energy structure and evolving market demands, sustainable, green, and high-quality development models have emerged as the preferred choice of numerous enterprises. The question of how enterprises can leverage new technologies in the GenAI era to achieve intelligent energy management has become a critical topic of discussion.

During the “A Novel Approach to Green, Low-carbon, and Sustainable Living” sub-forum, leaders from various industries convened to share their perspectives.  Weiwei Xie, the Vice President and General Manager of New Energy Division of Goneo Group; Jia Li, the Deputy General Manager of Storage Division of Geely Viridi; Yu Chen, the General Manager of Enerlution, Shaobin Xiao, the China Business Vice President of Cerence; Jingzhou Li, the General Manager of Mentech, Hua Wang, the General Manager of Secure Net; Chen Yangbin Chen, the CTO of Bangbang Robotics; Ye Yang, the Product Planning Director of Manufacturing Bureau of Sixeco; Qinghui Yang, the New Energy Solutions Product Director of Tuya Smart; and Rui Bai, the Smart Mobility Solutions Product Director of Tuya Smart, all emphasized the crucial role of energy-saving and emission reduction efforts. They discussed energy management strategies propelled by new technologies, drawing from their respective experiences in the automotive, electrical, home, mobility, and storage sectors.

In the “Navigating Industry Innovation – the Developer’s Influence” sub-forum, industry leaders convened to explore the ways in which technology and platform functionalities can foster differentiated competitive edges for products and fuel the growth of smart businesses. Among them were Haiping Ying, the General Manager of Tuya Smart Commercial; Xue Ya, the President of Delos Asia and International WELL Building Institute Asia; Yuzhi Fang, the Vice President of Easyhome; Mu Tang, the Founder of In Space; Rudi Hidayat, the CEO of V2 Indonesia; Elvio Ransolin, the CEO of Hometree; Zhiwen Wu, the ZBOM Smart Home Business Director; Guangming Zheng, the Simon China Marketing Director; Dechao Chen, the Founder of Chil; and Jianfeng Liu, the Founder of Smartec, who all shared insights reflecting their respective industry landscapes.

Furthermore, during these sub-forums, Tuya organized cooperation agreement signing ceremonies with several notable companies, including Zhilian, Mentech, Aofude, Firefly, AiTAN, Easyhome, Delos, V2 Indonesia, and Hometree. Looking ahead, Tuya aims to capitalize on the strengths of its partners across industries, technologies, and products, fostering mutually beneficial collaborations through synergistic efforts and complementary expertise.

Unveiling Global Potential: Premier Showcase of Hundreds of Cutting-edge Smart Hardware Products at the Ecosystem Exhibition

At this year’s developers summit, Tuya collaborated with valued partners like Chil, Huizhu, Lingke, and Silicon Labs to host the revolutionary Tuya Ecosystem Partner Exhibition (TEPE). This integrated exhibition IP not only consolidates brand power but also fosters technical exchanges and enhances industry collaboration. Its objective is to unite global developers in showcasing cutting-edge technologies and achievements, capitalizing on the momentum of the TUYA Global Developer Summit to amplify brand influence and foster deeper global business partnerships.

The exhibition showcased hundreds of smart hardware products spanning a diversity of sectors such as home, security, pets, energy, mobility, office, and commerce. Among them, innovative AI products like smart bird feeders, pet machines, and smart rings stole the show. These products seamlessly integrate AI capabilities, executing user commands with remarkable accuracy based on daily habits and real-world scenarios, and left exhibition attendees with an unforgettable immersive experience.

The TEPE was not only a showcase for smart hardware, but also highlighted numerous pioneering solutions that illustrated the practical applications and scenario-specific value of AI hardware across diverse fields, including smart central control screen solutions and smart lighting innovations. Attendees were treated to an immersive experience and were able to appreciate the advantages of smart living and technology.

In the evenings, Tuya facilitated business banquets, such as “Winning Force: Visionaries’ Night” and “Smart Expansion Overseas: Setting Sail on a New Journey.” These events served as a comfortable platform for fostering meaningful communication among upstream and downstream enterprises in the smart industry, investors, developer representatives, cross-border buyer groups, and traders. They facilitated the establishment of robust business partnerships and the collaborative exploration of lucrative business opportunities in the GenAI era.

For developers, the TUYA Global Developers Summit is a momentous AI industrial gathering, allowing participants to reflect on the present while envisioning the future. Experts from internationally renowned enterprises converged to share their wealth of experience and their insights for the future. The exchange of ideas among these industry leaders will not only offer scientific guidance for current corporate endeavors but also further the convergence of technology and business in the GenAI era, thereby accelerating the development of global smart business.

 

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SOURCE Tuya Smart

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Bill Faust Named Consulting Magazine Top Consultant of the Year in Industry Specialization

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Impact Advisors Leader Recognized for Expertise in Healthcare IT Implementation

CHICAGO, April 22, 2026 /PRNewswire-PRWeb/ — Impact Advisors, a leading healthcare management consulting firm, is proud to announce that Bill Faust, Managing Director, has been named a Top Consultant of the Year by Consulting Magazine in the category of Industry Specialization. This prestigious award honors consultants who demonstrate deep domain expertise and deliver exceptional value to clients within their field.

“Bill’s recognition as a Top Consultant of the Year is a testament to his deep industry expertise and unwavering commitment to client success.” -Andy Smith, managing partner and co-founder of Impact Advisors

Faust brings more than 28 years of healthcare IT experience, with a distinguished track record leading large-scale, complex implementations for both ambulatory and acute care organizations. Over the past 25 years, he has held progressive leadership roles supporting major Epic and Oracle initiatives, helping healthcare systems successfully navigate digital transformation and achieve measurable outcomes.

In his role at Impact Advisors, Faust leads the firm’s EHR Implementation & Support practice, where he is responsible for driving strategy, delivery excellence, and client success across some of the most complex healthcare IT programs in the country. His ability to combine deep technical knowledge with strong executive communication has enabled him to build trusted relationships with clients and vendor partners alike.

“Bill’s recognition as a Top Consultant of the Year is a testament to his deep industry expertise and unwavering commitment to client success,” said Andy Smith, managing partner and co-founder of Impact Advisors. “He consistently delivers high-impact results for our clients while helping advance the healthcare industry through his thoughtful, strategic leadership. Bill joined our team as our ninth colleague, and we’re fortunate to have had his guidance for all these years.”

Consulting Magazine’s Top Consultants awards recognize outstanding professionals who have made significant contributions to the consulting profession and their clients. The Industry Specialization category specifically highlights consultants who have demonstrated exceptional depth of knowledge and impact within a defined sector.

Faust’s recognition underscores Impact Advisors’ continued leadership in healthcare consulting and its commitment to delivering innovative, high-quality solutions that improve patient care and operational performance.

About Impact Advisors

Impact Advisors is a leading healthcare management consulting firm offering a comprehensive suite of technology-enabled performance improvement solutions that deliver measurable and sustainable value for clients. Our commitment to excellence has earned Best in KLAS® recognition for 19 consecutive years, and our distinctive culture has been named a “Best Place to Work” by Modern Healthcare for 16 years. Learn more at www.impact-advisors.com.

Media Contact

Catherine Povalitis, Impact Advisors, 1 815-282-9976, cpovalitis@chartwellagency.com, https://www.impact-advisors.com/

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SOURCE Impact Advisors

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Hewlett Foundation President: Philanthropy Must Bridge AI Governance Gap Between Washington and Silicon Valley

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Amber D. Miller makes the case for philanthropy and civil society to protect critical infrastructure and deliver broad benefits.

SAN FRANCISCO, April 22, 2026 /PRNewswire/ — As conversations between Washington and Silicon Valley about AI policy grow more contentious, Hewlett Foundation President Amber D. Miller calls on philanthropy to step up. In a new op-ed published by RealClearPolicy, Miller argues that governments and industry can’t close America’s AI governance gap alone, but independent institutions and philanthropy can help bridge the divide.

Drawing on her background as a physicist, Miller advocates for a practical, non-ideological approach to AI governance focused on protecting critical infrastructure, preventing strategic technological surprise, and keeping people safe while fostering innovation.

“Much of America’s critical infrastructure is highly distributed and deeply vulnerable, and its protection is dangerously under-resourced. The Hewlett Foundation wants to maximize the public benefits of emerging technologies while proactively mitigating their risks.”

To address these challenges, the Hewlett Foundation recently announced $10 million in exploratory grants to support the security of emerging technologies, including AI, biotechnology, and quantum computing.

Major grants were awarded to Stanford University’s Hoover Institution for its Tech Futures Lab, which focuses on anticipating technological surprises and enhancing U.S. resilience and Vanderbilt University’s Institute for National Security for its Wicked Problems Lab, which is building defenses against synthetic information warfare like deepfakes.

Former Secretary of State Condoleezza Rice, the director of the Hoover Institution, highlighted the importance of integrating security into innovation: “Innovation is key to national security…. Innovators will have more valuable, more marketable products if they build security into it at the front end.”

Other grantees include, the AI Now Institute, Aspen Institute, Atlantic Council, Carnegie Endowment for International Peace, Council on Foreign Relations, Georgetown University, Global Network Initiative, Institute for Security and Technology, Observer Research Foundation America, RAND, and Sentinel Bio.

Miller calls on others to join Hewlett, writing, “America has led every major technological era of the modern age, helping usher in significant discoveries that have benefited communities both here and around the world. Whether it continues to lead will depend not only on breakthroughs in labs, but on whether innovation earns public trust and delivers broad benefits. Philanthropy, with its long-term focus and commitment to charitable good, can do much to help.”

For more, read the op-ed and grant announcement: https://hewlett.org/americas-ai-governance-gap-needs-independent-oversight/ 

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SOURCE The Hewlett Foundation

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Hyperscale Data Sees Rising Demand Across Defense Portfolio Amid Heightened Global Activity

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LAS VEGAS, April 22, 2026 /PRNewswire/ — Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence (“AI”) data center company anchored by Bitcoin (“Hyperscale Data” or the “Company”), today announced that its wholly-owned subsidiary Gresham Worldwide, Inc., which is expected to be merged with another wholly owned subsidiary of the Company called Ballista Group, Inc., and the related party TurnOnGreen, Inc. (the “Defense Systems Group”), are actively supporting the expected increase in global defense production through its integrated portfolio of high-performance defense engineering and manufacturing subsidiaries.

The Defense Systems Group operates as an integrated engineering and manufacturing platform serving defense, aerospace, and industrial markets, delivering mission-critical electronics, radio frequency (“RF”) systems, power platforms, and advanced control technologies across the full lifecycle, from design through long-term sustainment. 

Recent global events, including but not limited to the ongoing conflicts in the Middle East and Ukraine, have contributed to increased demand signals across defense and mission-critical infrastructure supply chains. Management of the Defense Systems Group has observed a measurable uptick in inbound inquiries, program discussions and order flow across the group’s core product lines, particularly in:

RF and microwave systems supporting radar and electronic warfare;Power systems and ruggedized electronics for defense and mobility platforms; andTest, validation, and simulation technologies for mission-critical environments.

“These are environments where failure is not an option,” said Milton “Todd” Ault III, Executive Chairman of Hyperscale Data. He added that “The Defense Systems Group was assembled to deliver precision-engineered solutions for exactly these mission-critical applications, and we are seeing that demand accelerate in real time.” Further, Mr. Ault stated that “The group’s combination of deep engineering expertise, advanced manufacturing capabilities, and a global operational footprint provides a strong foundation to support long-term growth across defense, aerospace, and other mission-critical technology sectors.

The Defense Systems Group platform supports highly regulated and security-sensitive programs, operating under certifications including ISO, AS9100, and ITAR compliance, and serves customers across defense, aerospace, and critical infrastructure sectors globally. 

“As geopolitical conditions evolve, supply chains for advanced electronics and defense-related technologies are becoming increasingly constrained,” stated William Horne, Chief Executive Officer of Hyperscale Data. “The Defense Systems Group collectively provides a vertically integrated platform supporting advanced defense electronics, power systems, RF and microwave components, and precision-engineered subsystems, positioning the organization to support current and emerging demand across multiple strategic defense programs.”

While the Company continues to monitor global developments, management of the Defense Systems Group believes that sustained demand for mission-critical electronics, ruggedized power systems, and secure infrastructure technologies could present potential opportunities across the Defense Systems Group.

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

About Hyperscale Data, Inc.

Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

Hyperscale Data currently expects the divestiture of ACG (the “Divestiture”) to occur in the second quarter of 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

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SOURCE Hyperscale Data Inc.

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